Premium Bond Winner ?

colsten

2010 wrote: »

The old ones are stuck in the bottom of the barrel.

Complete urban myth. Only this month, somebody with a 1958 bond won £1,000, and somebody holding £10 from back in December 72 won £5,000 etc etc etc.

http://www.nsandi.com/savings-premium-bonds-high-value-winners

Mr_Prudent

colsten wrote: »

Complete urban myth. Only this month, somebody with a 1958 bond won £1,000, and somebody holding £10 from back in December 72 won £5,000 etc etc etc.

http://www.nsandi.com/savings-premium-bonds-high-value-winners

I think 2010 may have been being a little mischievous and didn’t think he/she would be taken quite so literally!

2010

Mr_Prudent wrote: »

I think 2010 may have been being a little mischievous and didn’t think he/she would be taken quite so literally!

Maybe I should explain to colsten that the numbers of the bonds are generated randomly and the barrel is the urban myth.

Minrich

We have £25k bought in Sept 2013 and prizes from Oct 2013 onwards -
Oct £50
Nov- 0
Dec - 0
Jan - £75
Feb - £25
Mar - £25
Apr - £75
May - £50
Jun - £50
Jul - £25
Aug - £25

So £400 so far and this months will make it 12 months , quite happy with it so far .

jerrys_2

Wow first win ever! £25 on £1000 invested in July 2014. Have been in and out of premium bonds since 1998 because I havent won anything but thought of starting again in July. Maybe its a sign I should put in more now till I reach maximum.

Archi_Bald

Minrich wrote: »

We have £25k bought in Sept 2013 and prizes from Oct 2013 onwards -
Oct £50
Nov- 0
Dec - 0
Jan - £75
Feb - £25
Mar - £25
Apr - £75
May - £50
Jun - £50
Jul - £25
Aug - £25

So £400 so far and this months will make it 12 months , quite happy with it so far .

At 1.6%, that's an above average return and you might only have lost a tad to inflation.

You could have made about twice this amount in current accounts. Of course without the monthly adrenalin rush, and only if you haven't maxed them already.

I don't want to talk you out of PBs (I have £40K myself, as part of a balanced investment portfolio) , just stating the obvious.

Mr_Prudent

coyrls wrote: »

The chances of winning in any one month are completely independent of whether you have won in any previous month. The idea that there is any relationship between independent events is known as the gamblers fallacy.

I think you are confusing chance and probability. For instance say your next door neighbour won the 1 million jackpot. In theory you still have the same chance as you always had, but in practice how many people have won the jackpot in the same street of the same town and live next door to each other. Very improbable.

coyrls

Mr_Prudent wrote: »

I think you are confusing chance and probability. For instance say your next door neighbour won the 1 million jackpot. In theory you still have the same chance as you always had, but in practice how many people have won the jackpot in the same street of the same town and live next door to each other. Very improbable.

No, I don't think I am. I'm not aware of a difference between chance and probability. There is no "in theory" about the chance or probability of me winning 1 million being the same, regardless of whether my neighbour has won 1 million or not, that is a fact.

miss_kc

40k holding

June 0
July 25
August 25
Sept 25

Mr_Prudent

coyrls wrote: »

No, I don't think I am. I'm not aware of a difference between chance and probability. There is no "in theory" about the chance or probability of me winning 1 million being the same, regardless of whether my neighbour has won 1 million or not, that is a fact.

Think we are going to have to agree to disagree on this one. Good luck anyway (you’re going to need a lot of it!).